Velorex on track for Q4 2021 release of cryptocurrency ATMs, software and chip debit cards



DGAP-News: Velorex / Keyword (s): Cryptocurrency / Blockchain Velorex on track for Q4 2021 Release of ATM cryptocurrency, software and chip debit cards 2021-10-29 / 23:00 The sender is solely responsible for the content of this advertisement.

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Velorex on track for Q4 2021 release of cryptocurrency ATMs, software and chip debit cards

Creators of USDVEX digital currency are on schedule to ship products that will help merchants accept digital currency

ATHENS, GREECE / ACCESSWIRE / October 29, 2021 / Financial and tech firm Velorex, the company behind the USDVEX digital currency, today announced that it is on track to launch its cryptocurrency ATM , its digital banking software and its smart debit card. Velorex Bankless ATMs are standalone, one-way and two-way, network-compatible terminals that allow retailers to exchange a customizable selection of cryptocurrency with any fiat currency. Their revolutionary software is open source and allows easy exchange of crypto and fiat currencies to anyone using the Velorex Bankless ATM. The software can be hosted from a remote server, accessible worldwide, and interacts directly with global decentralized exchanges. Next is the Velorex Smart Wallet, which is currently under development and has a target release schedule of Q4 2021 – Q1 2022. It will feature many unique and innovative features that will be announced by the Velorex team as they unfold. His development. The final part of this integrated digital currency solution is their smart debit card. This secure financial solution complements the system offered by the company by allowing users to pay for transactions using their USDVEX cryptocurrency.

These three products are linked to provide an integrated solution for traders and end users, allowing them to smoothly switch between crypto currencies and government backed currencies. By linking the system into a single network-enabled solution, financial transactions are immediate and secure. No one has to wait to get paid or to convert their digital currency into real world money. In its physical and virtual form, the smart debit card gives users a unique sense of freedom, eliminating the need to verify their digital wallet to complete transactions. Additionally, anyone can own a Velorex Cryptocurrency ATM and earn passive income from the transaction fees.

Velorex COO Thanos Lampropoulos is excited about the company’s imminent product release: “Velorex continues to usher in a new era of cryptocurrency ATMs by releasing our ATMs and crypto software. -currency, our smart wallet and our smart debit card. By sticking to the timeline set out in our recent white paper, we empower bankless and underbanked people to take ownership of their financial lives. Our decentralized system aims to make it easier for banks to control people, allowing them to access their funds at any time. ”


Velorex is the creator of the USDVEX cryptocurrency and a decentralized finance and technology company located in Europe. Launched in May 2021, USDVEX is a fully decentralized BEP-20 token on the Binance Smart Chain (BSC). The token is part of an experimental protocol and a decentralized financial ecosystem. USDVEX relies on supercharged block speeds and cheapest trade rates, is hyper-deflationary, and equipped with an automatic betting system that rewards investors. The company also provides hardware and software solutions to manage crypto and fiat currency. Their mission is to improve cryptocurrency literacy and adoption by creating fair, safe, and well-designed tools such as ATMs, debit cards, and smart wallets. Velorex’s main objective is to empower the communities in which they operate by providing tools and services that function as hubs for financial and social development. By design, the Velorex Distributed Bankless ATM Network (VDBAN) represents a paradigm shift in modern finance, as it restores autonomy and access to individuals by connecting them to the independent flow of capital through blockchains. Velorex products and services connect people and help restore local economies destabilized by one-sided movement and the concentration of power and capital. It is their sole aim to bring technology coupled with anonymous and decentralized cryptocurrency management capabilities that benefit local economies and the end user in all markets around the world. This is of course especially true for developing and emerging markets where demand is immense, in economies that have been ruined by exploitation and greed. They believe that these new financial tools and services are necessary to unblock us and relieve us of unnecessary middlemen and abdications from the financial establishment.

Take a look at this video to see what the Velorex ATM looks like!

CONTACT: Thanos Lampropoulos WEBSITE: EMAIL: [email protected] TELEGRAM:

SOURCE: Velorex

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2021-10-29 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this advertisement. DGAP’s distribution services include regulatory announcements, financial / corporate news, and press releases. Archives on

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Language:      English 
Company:       Velorex 
EQS News ID:   1244984 
End of News   DGAP News Service 

1244984 2021-10-29

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(END) Dow Jones Newswires

October 29, 2021 5:00 p.m. ET (9:00 p.m. GMT)


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